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    00 Us 1 Hwy Sharpes, FL 32927

    Sponsored
    For Sale
    $125,000

    Prime .43-acre commercial lot, US-1 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.43-acre commercial land parcel is strategically located on US Highway 1 in Cocoa, Florida, offering significant development potential. The property is zoned BU-1, with a Neighborhood Commercial (NC) Future Land Use designation. This presents a multitude of opportunities for businesses seeking high visibility and convenient access to major thoroughfares. The lot's size, combined with the adjacent 2.52-acre parcel (available separately for $200,000), creates a unique opportunity to acquire a combined 2.95 acres of prime commercial real estate. The adjacent lot is zoned AU, with a Future Land Use designation of NC/R-1-1. This presents a compelling opportunity for developers or investors seeking to create a larger-scale commercial development. The property's location on US-1 ensures high traffic volume and excellent visibility, making it an ideal location for a variety of commercial uses. The asking price for this 0.43-acre parcel is $125,000. The property's address is 00 N US 1 Hwy, Cocoa, FL 32927, and is situated in Brevard County. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving Florida market.

    Property Features for 00 Us 1 Hwy

    General Information

    Property type
    Land
    Lot Size
    18,731 SF

    HighLights

    • $125,000 asking price.
    • 0.43‑acre commercial land parcel.
    • Located in Cocoa, Florida, on US Highway 1.
    • Zoned BU‑1, with Neighborhood Commercial future land use.
    • Potential for expansion by combining with adjacent 2.52‑acre parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sharpes
    County
    Brevard
    State
    Florida
    Longitude
    -80.760257074631
    Latitude
    28.43323015581

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    FAQs

    What type of property is this?
    Land - Prime .43-acre commercial lot, US-1 frontage.
    Where is this land located?
    The property is located at 00 Us 1 Hwy Sharpes, FL.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: $125,000 asking price.; 0.43-acre commercial land parcel.; Located in Cocoa, Florida, on US Highway 1.
    (321) 956-5006
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    00 Us 1 Hwy Sharpes, FL 32927
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 Us 1 Hwy Sharpes, FL 32927
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